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include small explanation of how you got the answer please. Use the following information to calculate the firm's total assets turnover and the firm's total

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Use the following information to calculate the firm's total assets turnover and the firm's total debt to total capital ratio. The balance sheet and income statement shown below are for Koski Inc. Balance Sheet (Millions of $) Assets 2016 Cash and securities $2,145 Accounts receivable 8,970 Inventories 12.480 Total current assets $23,595 Net plant and equipment $15,405 Total assets $39,000 Liabilities and Equity Accounts payable $7,410 4,290 Accruals Liabilities and Equity Accounts payable $7,410 Accruals 4.290 Notes payable 5,460 Total current liabilities $17,160 Long-term bonds $7,800 Total liabilities $24.960 Common stock $5,460 Retained earnings 8,580 Total common equity $14,040 Total liabilities and equity $39,000 2016 Income Statement (Millions of $) $58,500 Net sales 54,698 Operating costs except depreciation Net sales $58,500 Operating costs except depreciation 54,698 Depreciation 1.024 Earnings before interest and taxes (EBIT) $2.779 Less interest 829 Earnings before taxes (EBT) $1,950 Taxes 683 $1,268 Net income Other data: 500.00 Shares outstanding (millions) $443.63 Common dividends (millions of $) 6.25% Interest rate on notes payable & L-T bonds 35% Federal plus state income tax rate $30.42 Year-end stock price

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